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CBS CBS Corp

40.77
0.00 (0.00%)
13 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
CBS Corp NYSE:CBS NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 40.77 0 01:00:00

Viacom and CBS Expect to Close Merger in Early December

29/10/2019 12:10am

Dow Jones News


CBS (NYSE:CBS)
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From May 2019 to May 2024

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By Josh Beckerman

 

The combination of Viacom Inc. (VIA, VIAB) and CBS Corp. (CBS) is expected to be completed in early December, the companies said Monday.

A registration statement on Form S-4 was declared effective by the Securities and Exchange Commission on Friday.

The all-stock deal was announced in August. Shari Redstone will become chair of the combined company. Ms. Redstone is president of National Amusements Inc., the holding company that controls both CBS and Viacom.

On Monday, CBS and Viacom said National Amusements has approved the transaction.

 

Write to Josh Beckerman at josh.beckerman@wsj.com

 

(END) Dow Jones Newswires

October 28, 2019 19:55 ET (23:55 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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